Connecting the Dots of Big Data, Soaring Corporate Profits and Trade Wars

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by Charles Hugh-Smith It’s self-evident that we cannot possibly understand trade, soaring corporate profits, Facebook’s data collection or the economy without understanding the core role played by Big Data in reaping outsized profits and pushing narratives. Let’s connect the dots between these two comments from longtime correspondents: the first is on the model of collecting and … Read more

What’s Wrong with the Internet

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by Martin Armstrong While the Facebook CEO Mark Zuckerberg made the admission during questioning on Capitol Hill Wednesday that his personal data was in the Cambridge Analytica leak, there is something seriously wrong with the entire scheme of the internet which should be outlawed right now. Facebook, Microsoft and everyone else came up with the whole idea … Read more

You have to wonder whether Comey “exonerated” Hillary Clinton because he was doing the same thing!

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by TFittonJW Here’s the latest BIG Judicial Watch update: And two new lawsuits to hold Comey/Mueller accountable: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-doj-comey-mueller-communications/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-fbi-comey-book-documents/

Giuliani: I’ve never seen a case with as much evidence as the one against Clinton

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Rudy Giuliani on Clinton’s email controversy from CNBC. If Rudolph Giuliani were prosecuting Hillary Clinton for her emails, she would already be indicted, the former federal prosecutor told CNBC on Friday. “The two main elements to prove intent is destroying evidence — well, she destroyed 33,000 emails — and what we call false exculpatory statements. You’ve got … Read more

Vulnerability Of Navy Ships To Missiles

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by SP At The Saker, a contributor points out the vulnerability of ships to modern missiles. I had not realized this, but the English Navy took significant damage from Exocet missiles fired on their boats in the Falklands War. …the experience of the British fleet in the Falklands conflict illustrates the vulnerability of warships to … Read more

Regulation CREATES bubbles

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Regulation Does Not Prevent Bubbles. Regulations Are Designed To Promote Risk Taking And Give the Impression That Some Assets Have No Risk. Regulation Does Not Prevent Bubbles. Regulations Are Designed To Promote Risk Taking And Give the Impression That Some Assets Have No Risk. pic.twitter.com/R1LPHDstLa — Daniel Lacalle (@dlacalle_IA) April 21, 2018 https://twitter.com/dlacalle_IA/status/987624629870227457

Today is going to be an insane day. $SPX does not like UST10Y 2.991. Signals end of cheap credit bubble. Smart money knows what to do.

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Today is going to be an insane day. — Comfortably Smug (@ComfortablySmug) April 23, 2018 $SPX does not like UST10Y 2.991 pic.twitter.com/bwg45AxfGv — Alastair (@StockBoardAsset) April 23, 2018 Why insane? Smart money knows what to do : pic.twitter.com/S5gCwC3eEc — GregTheAnalyst (@Analyst_G) April 23, 2018 #Yawn… Just another week of #DumbMoney buying the Open and #SmartMoney … Read more

Whats the difference between a traditional IRA and 401K?

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by Creative_Deficiency 401k is employer, IRA is individual. Traditional contributions are pre-tax and tax deductible, Roth contributions are made with after tax money (i.e. you already paid taxes on your contribution. The contribution itself isn’t taxed.) You can have any combination of these. Traditional or Roth 401ks (if your employer offers them), and traditional or Roth IRAs. To put numbers to poobly’s … Read more

China, the world’s most populous country and the world’s second-largest economy, has said that physical cash may soon become obsolete.

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Authored by James Rickards via The Daily Reckoning, The war on cash has been going on for decades. The U.S. abolished the $500 bill in late 1969. (The old $500 bill featured a portrait of President William McKinley, by the way. I remember seeing a few when I was a kid.) Today’s $100 bill is only … Read more

The Surprising Comeback of Vinyl Records

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by Jim Quinn You will find more infographics at Statista For the 11th time since its conception in 2008, the world will celebrate Record Store Day this Saturday in honor of independently-owned record stores around the globe. Time for us to look at a format that is closely tied to record store culture and has made … Read more

Insane: California gives $330M a year to Hollywood

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by Dr. Eowyn Do California’s taxpayers know that they’re subsidizing America-hating, anti-Second Amendment, pro-abortion, corrupt and debauched Hollywood to the tune of $330 million a year? Matthew Blake reports for Los Angeles Business Journal that on April 17, 2018, a bill to extend California’s motion picture tax credit program sailed through a state Assembly committee without opposition. … Read more

Chart Of The Day – A Mind-Boggling Visual Regarding 3-years Of U.S. Strikes In Syria

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by stockboardasset On April 14, 2018, starting around 4 am Syrian time, the United States, France, and the United Kingdom conducted a missile bombardment with bombers, fighter jets, and ship-based cruise missiles against government sites in Syria. The U.S.-led assault on Syria was in response to the Douma chemical attack against civilians on April 07, which the … Read more